TODAY.AZ / Business

Azerbaijani oil prices for May 21-25

29 May 2012 [15:30] - TODAY.AZ
On May 21-25, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan, Batumi and Supsa ports was $110.58 per barrel or $2.7 per barrel less compared to the previous week.

The maximum price was $112.33 per barrel. The minimum price was $109.35.

Azeri Light's density is 34.6 degrees API with a 0.14-percent sulfur content.

The average price on Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was about $105.52 per barrel or $2.7 per barrel less compared to the previous week.
The maximum price was $107.45 per barrel and the minimum - $104.04.

Urals' density is 32 degrees API with a sulfur content up to 1.3 percent. The oil grade's specifications vary when sold depending on its high/low-quality content.

The average price on Brent Dated was $108.17 per barrel or $1.93 per barrel less compared to the previous week.

The maximum price was $109.95 per barrel and the minimum - $106.85.

Brent Dated's density is 38.3 degrees API with a sulfur content of 0.36 percent.


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